Read To Me Project
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 100,555 | 51,400 | 49,155 | 25.1 | — |
| 2016 | 184,087 | 164,510 | 19,577 | 9.3 | — |
| 2017 | 305,150 | 263,627 | 41,523 | 7.7 | 71% |
| 2018 | 333,997 | 262,015 | 71,982 | 11.0 | 71% |
| 2019 | 480,186 | 357,153 | 123,033 | 12.2 | 73% |
| 2020 | 414,991 | 370,102 | 44,889 | 13.2 | 77% |
| 2021 | 354,355 | 366,755 | −12,400 | 12.9 | 82% |
| 2022 | 524,585 | 386,120 | 138,465 | 16.6 | 78% |
| 2023 | 478,771 | 382,729 | 96,042 | 19.8 | 76% |
| 2024 | 437,360 | 444,516 | −7,156 | 16.8 | 77% |
In its most recent public year (2024), this organization spent $7,156 more than it brought in. Its reserves stood at about 16.8 months of spending, down from 25.1 in 2015. Staff pay was 77% of spending. $62,500 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Read To Me Project's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works